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AB Dynamics chief cashed-up to go

The chief executive has a cash injection ahead of his departure
October 19, 2017

As insiders constitute a hefty slice of AB Dynamics’ (ABDP) share register, news that the chief executive has hived off shares to the value of £294,760 would normally raise a few eyebrows. But it’s all change at the automotive testing specialist. Among a raft of changes announced in August, Tim Rogers announced his decision to step down from the top job at the end of 2017, after five years at the helm.

What he decides to do with his hefty residual holding is anyone’s guess. But the group has delivered an annualised total rate of return of 51.8 per cent during his tenure, so it’s doubtful that shareholders will resent a little profit-taking as he contemplates a future beyond AB Dynamics.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Artemis Alpha Trust Blathnaid Bergin10 Oct 174,970299.7514,8984,9700.012
Blur*David Rowe11 Oct 172,500,0004100,00011,251,4286.353
Blur*Richard Rae11 Oct 171,000,000440,0005,285,7142.985
Blur*Preeti Mardia11 Oct 17500,000420,0001,357,1420.766
Blur*Rrichard Croft11 Oct 17500,000420,0001,928,5711.089
Capita Gillian Sheldon10 Oct 172,00057411,4803,0000.000
Capita Ian Powell (ch)10 Oct 173,40058019,7208,4000.001
Capita♥Matthew Lester11 Oct 178,698569.739749,5568,6980.001
Capita Nick Greatorex (ceo&fd)10 Oct 171,800584.3510,51818,9680.003
Centrica Iain Conn (ceo)09 Oct 17100,000173.1173,100522,7100.009
Centrica Rick Haythornthwaite (ch)09 Oct 1757,07717599,88592,7670.002
Cora Gold♥Geoff McNamara (ch)10 Oct 17200,0001632,000624,2421.135
Cora Gold♥Geoff McNamara (ch)11 Oct 17200,00015.531,000824,2421.499
Countryside Properties David Howell (ch)09 Oct 1730,000349.1104,73047,0000.010
EasyHotel♥Jonathan Lane (ch)10 Oct 17105,00093.598,175353,0000.351
Everyman Media*Charles Dorfman06 Oct 17278,992170474,2865,784,0338.272
Everyman Media*♥Charles Dorfman06 Oct 17378,689170643,7716,162,7228.813
Everyman Media*♥Michael Rosehill06 Oct 172,012,9461703,422,0082,201,3563.148
Everyman Media*♥Adam Kaye06 Oct 17147,059170250,0006,068,6338.679
Everyman Media*♥Adam Kaye06 Oct 17147,059170250,0006,215,6928.889
Everyman Media*♥Adam Kaye06 Oct 17147,059170250,0006,362,7519.099
Everyman Media*Adam Kaye06 Oct 17235,294170400,0005,921,5748.468
Everyman Media*Philip Jacobson06 Oct 177,77617013,21973,7760.106
Globalworth Real Estate Investments Eli Alroy05 Oct 1740,000750300,000438,8140.485
Globalworth Real Estate Investments♥ Peter Fechter09 Oct 1750,000750375,00050,0000.055
Hill & Smith  A Giddins06 Oct 174,5001,253.5056,4084,5000.006
Medaphor*David Baynes06 Oct 175,055,32016.22819,97321,055,32023.214
Medaphor*David Baynes06 Oct 1716,000,00012.52,000,00016,000,00017.640
Mondi Peter Oswald (ceo)11 Oct 17828192615,947163,4560.034
Mondi Peter Oswald (ceo)11 Oct 171,172192522,561164,6280.034
Mondi Peter Oswald (ceo)11 Oct 173,000194858,440167,6280.035
NB Private Equity Partners♥Trudi Clark10 Oct 174,4331,015.0544,9974,4330.009
Onesavings Bank David Weymouth (ch)09 Oct 1713,17837949,94513,1780.005
Palace Capital*Anthony Dove09 Oct 175,00034017,00085,0000.185
Palace Capital*Kim Taylor-Smith09 Oct 1710,00034034,00010,0000.022
Palace Capital*Neil Sinclair09 Oct 178,82434030,002232,4020.920
Palace Capital*Richard Starr09 Oct 1729,41134099,997131,5750.287
Tesco John Allan (ch)05 Oct 1720,000187.2637,452284,3490.003
Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
AB Dynamics♥Rob Hart (fd)10 Oct 171,975587.511,60315,3720.080
AB Dynamics♥Tim Rogers (ceo)10 Oct 178,00058746,960342,9531.787
AB Dynamics Tim Rogers (ceo)10 Oct 1742,000590247,800350,9531.828
Berkeley Alison Nimmo 10 Oct 172,0003,775.0075,5002,0000.001
City of London Investment GroupBarry Olliff (ceo)10 Oct 1775,000425318,7502,200,1868.174
City of London Investment GroupBarry Olliff (ceo)11 Oct 1750,000425212,5002,150,1867.988
Derwent London S Silver10 Oct 1735,0002,738.86958,601174,8040.157
Gamma Communications Andrew Stone06 Oct 1722,500580130,500523,0000.561
Greggs Richard Hutton (fd)05 Oct 1724,9491,292322,34129,6740.029
Judges Scientific*David Cicurel (ceo)09 Oct 17157,7271,9002,996,813759,22712.402
Premier Energy and Water Trust Ian Graham09 Oct 1720,00016032,0002,0320.011
Robert Walters Leslie Van de Walle (ch)11 Oct 1715,00059188,65030,5870.041
Schroders Michael Dobson (ch)10 Oct 17213,3893,4587,378,992235,3790.104
Syncona♥ Thomas Henderson11 Oct 173,000,0001855,550,0008,742,4001.325
Taptica International Yaniv Carmi (cfo)05 Oct 17200,000445890,00094,5720.153
* placing/tender/open offer ♥ spouse/connected party